Laidlaw & Company Ltd. Loss Claims
Did you invest with Laidlaw and lose a substantial amount of money?
Laidlaw & Company is a registered brokerage firm that offers full-service
investment banking and brokerage firm offerings. Laidlaw brokers advise
both private investors and public institutions on investment strategy
and manage clients' investment portfolios. Laidlaw's main office
is located in London, England but it is registered in 53 U.S. states and
territories as well.
According to FINRA, Laidlaw & Company has three regulatory events and
one arbitration event in its history. As a registered brokerage firm,
Laidlaw & Company has the duty to act in the best interests of its
clients, rather than their own. If Laidlaw violates a securities industry
rule and clients lose money, the clients may be entitled to restitution.
If you need to recover your losses you believe were caused by investment
misconduct, contact an investment loss attorney at Meyer Wilson.
Examples of Laidlaw's Past Regulatory Events
FINRA's BrokerCheck® report on Laidlaw & Company details past
regulatory and arbitration events. In February 2012, allegations were
brought forward that claim "the firm failed to establish and implement
adequate policies and procedures designed to achieve compliance with the
Bank Secrecy Act" among other allegations of regulatory failures.
Without admitting or denying the findings, Laidlaw paid the $65,000 monetary fine.
In November 2009, allegations were brought forward claiming Laidlaw "failed
to retain email communications related to the firm's business…failed
to establish and maintain a system for supervisory review of those emails…failed
procedures," and additional alleged failures. Without admitting or
denying the findings, the firm consented to pay the monetary fine of $65,000.
What to Do If You Suspect Fraud or Misconduct
If you invested with Laidlaw & Company or one of its registered brokers
and you lost a substantial amount of money, this is worth looking into.
If you suspect fraud or misconduct, we invite you to –
- Call Meyer Wilson as soon as possible
- Divulge the details of your investments, including who your broker is and
how much you lost
- Retain our law firm, should we discover that your case has merit
Our goal is to help investors recover losses caused by investment misconduct.
If you lost money, typically $75,000 or more, we invite you to contact
us. You can call us today at (888) 390-6491 or
fill out a free case review form.